Legal Question in Credit and Debt Law in Minnesota

credit card liability

My wife has a credit card in her name only and it recently charged off without my knowledge. As her husband, can I be held liable for the debt and could it affect my credit rating?


Asked on 12/20/08, 10:40 pm

1 Answer from Attorneys
Sam Calvert Calvert Law Office

Re: credit card liability

If the card was not used for "necessities" then under Minnesota law you would not be automatically liable for the debt.

It is possible that creditors could try to seize some jointly owned assets once the creditor has a judgment.

Read more
Answered on 12/21/08, 12:23 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Minnesota